Skip to content
etf.net

IYR

GradeBNew York Stock Exchange Arca

iShares U.S. Real Estate ETF

Sectors · IShares · Inception 2000-06-11 · SEC filings

$97.66−1.02 (−1.03%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 98.68 to 97.66. Range 97.56 to 98.40. Use the arrow keys to read each point.$97.80$98.00$98.20$98.4010 AM12 PM2 PM4 PM
Expense ratio
0.37%
Fund size
$4.1B
1Y return
+5.1%
Yield · Last 12 months
2.42%
Holdings
58
Volume · 30D
5.6M sh
NAV per share
$98.88
52W range
low $92.45high $108.17

The ETF.net IYR Grade

B

57/ 100

Rank 12 of 22 in US Real Estate⁠

Confidence Medium

Six-pillar profile for IYR. Scores out of 100: Cost 43, Risk 54, Mission not scored, Tradability 80, Holdings 59, Durability 81. Strongest: Durability (81). Weakest: Cost (43). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 43
    Category rank13/22 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank10/21 · top 48%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 80
    Category rank2/22 · top 9%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank12/22 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 81
    Category rank3/22 · top 14%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on IYR

ETF.net Research

BLaunched in 2000, IYR is one of the original one-ticker bets on U.S. real estate: REITs plus the developers, managers and property agencies that pure-REIT funds skip. Heavily traded, sector-median price.

Stated mandate

The fund seeks to track an index composed of U.S. equities in the real estate sector.

Why people hold it

  1. 01Vintage 2000, and still one of the most actively traded real estate funds around, which is why traders reach for it when they want the sector in a hurry.
  2. 02Broader than a pure REIT fund: the index also holds companies that develop, manage or own property, including property agencies.spglobal.comishares.com
  3. 03The index applies a cap so no single landlord dominates, across roughly 60 names, and the fund pays shareholders quarterly.spglobal.com

Worth knowing

  1. 01The 0.37% fee sits at the middle of the real estate pack but well above index rivals like SCHH (0.07%) and VNQ (0.13%).
  2. 02One sector, about 60 names. Expect moves that look nothing like the broad market in either direction.
  3. 03Reaching past REITs means part of the portfolio is operating and service companies, whose income looks different from a rent collector's.spglobal.com

IYR Holdings

As of Sep 22, 2026, 3:18 AM
Asset class
Other
Holdings
58
Top-10 weight
52%
Largest holding
WELL9.9%

Sectors

  • Real Estate99.5%
  • Communication0.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001WELLWELLTOWER9.88%1,775,916$406M331
002PLDPROLOGIS REIT9.29%2,833,739$382M344
003AMTAMERICAN TOWER REIT4.67%1,102,663$192M333
004EQIXEQUINIX REIT4.65%187,073$191M355
005DLRDIGITAL REALTY TRUST REIT4.60%1,037,615$189M309
006SPGSIMON PROPERTY GROUP REIT INC4.53%907,100$186M312
007OREALTY INCOME REIT4.16%3,017,300$171M281
008PSAPUBLIC STORAGE REIT3.86%536,161$159M288
009VTRVENTAS REIT3.45%1,635,680$142M291
010EQRVIVMARK RESIDENTIAL3.42%2,294,706$140M172
011CBRECBRE GROUP CLASS A3.08%908,744$127M290
012IRMIRON MOUNTAIN INC2.64%949,317$109M259
013CCICROWN CASTLE INC2.41%1,356,690$99M248
014EXREXTRA SPACE STORAGE REIT2.24%673,697$92M252
015VICIVICI PPTYS INC2.03%3,511,115$83M281

Showing 1–15 of 60 holdings

IYR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IYR$10,515
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IYR $10,515. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IYR. Periods over one year show the average yearly return.
PeriodIYR
Year to date+6.7%
1 month−5.1%
3 months−2.2%
1 year+5.1%
3 years+10.2%per year
5 years+1.0%per year
10 years+4.9%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IYR
YearReturn barIYR
2026 YTD+6.7%
2025+3.4%
2024+4.4%
2023+11.9%
2022−25.5%
2021+38.7%
2020−5.3%

IYR in the news

IYR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.42%Last 12 months
Payout per share
$2.39Last 12 months
Last payment
$0.74 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.75; Jun 27, 2017 $0.72; Sep 26, 2017 $0.68; Dec 19, 2017 $0.87; Mar 22, 2018 $0.62; Jun 26, 2018 $0.78; Sep 26, 2018 $0.78; Dec 17, 2018 $0.47; Mar 20, 2019 $0.60; Jun 17, 2019 $0.69; Sep 24, 2019 $0.66; Dec 16, 2019 $0.89; Mar 25, 2020 $0.60; Jun 15, 2020 $0.53; Sep 23, 2020 $0.48; Dec 14, 2020 $0.60; Mar 25, 2021 $0.44; Jun 10, 2021 $0.52; Sep 24, 2021 $0.29; Dec 13, 2021 $1.14; Mar 24, 2022 $0.43; Jun 9, 2022 $0.35; Sep 26, 2022 $0.89; Dec 13, 2022 $0.78; Mar 23, 2023 $0.45; Jun 7, 2023 $0.40; Sep 26, 2023 $0.90; Dec 20, 2023 $0.77; Mar 21, 2024 $0.34; Jun 11, 2024 $0.55; Sep 25, 2024 $0.71; Dec 17, 2024 $0.80; Mar 18, 2025 $0.36; Jun 16, 2025 $0.49; Sep 16, 2025 $0.62; Dec 16, 2025 $0.86; Mar 17, 2026 $0.28; Jun 15, 2026 $0.51; Sep 15, 2026 $0.74. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.74
Jun 15, 2026Jun 18, 2026$0.51
Mar 17, 2026Mar 20, 2026$0.28
Dec 16, 2025Dec 19, 2025$0.86
Sep 16, 2025Sep 19, 2025$0.62
Jun 16, 2025Jun 20, 2025$0.49
Mar 18, 2025Mar 21, 2025$0.36
Dec 17, 2024Dec 20, 2024$0.80
Sep 25, 2024Sep 30, 2024$0.71
Jun 11, 2024Jun 17, 2024$0.55
Mar 21, 2024Mar 27, 2024$0.34
Dec 20, 2023Dec 27, 2023$0.77

IYR Risk

How much the fund’s monthly returns vary, scaled to a year.
16.7%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.33
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−33.7%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.97
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IYR Cost

Expense ratio0.37%
  • The middle half of US Real Estate funds
  • Median 0.35%

12 of the 21 US Real Estate funds charge less.

IYR costs $37.00 a year on $10,000. The median US Real Estate fund costs $35.00.